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In this paper we set up an oligopolistic market model, where firms invest in pollution abatement in order to increase the whole market size via an increase in the consumers’ reservation price. Moreover, we suppose that the demand function is not a linear one and the resulting game is not a...
Persistent link: https://www.econbiz.de/10011257960
Traditional economic theory, up to the middle of the twentieth century, builds up the production functions regardless of the inputs’ scarcity. In the last few decades it has become clear that in many cases inputs are depletable quantities and at the same time a lot of constraints are imposed...
Persistent link: https://www.econbiz.de/10011258915
This paper is concerned with the classic topic of intertemporal resource economics: the optimal harvesting of renewable natural resources over time by one and several resource owners with conflicting interests. The traditional management model, dating back to Plourde (1970), is extended towards...
Persistent link: https://www.econbiz.de/10011260516
Exploitation of non–renewable resources is an intensively studied field of environmental economics in the last century. Since the influential Hotelling’s paper a huge progress is made in the depletable resources literature. Although a variety of methodologies is used in that problem’s...
Persistent link: https://www.econbiz.de/10011261011
In this paper we model the conflict between the group of polluting firms of a country and the social planer of the same country which attempts to control the volume of emissions generated during the production process. Both players of the game have their own control policies which are the rate...
Persistent link: https://www.econbiz.de/10011108611
In this paper, the basic assumption is that the environment provides two different kinds of services. First, the environment may serve as an input to the production of conventional goods. For example, the exploitation of an oil source from which one firm extracts the oil which in turn is used as...
Persistent link: https://www.econbiz.de/10011111863
This paper computes and analyses for the first time environmental efficiencies in waste generation of 160 European regions in NUTS 2 level in seven European countries. For this reason different Data Envelopment Analysis (DEA) model formulations are used modeling the pollutant in the form of...
Persistent link: https://www.econbiz.de/10010859448
In this paper, one of the basic assumptions is that the environment provides two different kinds of services. First, the environment may serve as an input to the production of conventional goods. For example, the exploitation of an oil source from which one firm extracts the oil which in turn is...
Persistent link: https://www.econbiz.de/10011140889
This paper is concerned with the classic topic of intertemporal resource economics: the optimal harvesting of renewable natural resources over time by one and several resource owners with conflicting interests. The traditional management model, dating back to Plourde (1970), is extended towards...
Persistent link: https://www.econbiz.de/10011140901
Our research is based on the effect of fiscal policies on the Greek prefectures. Using DEA methodology we compare the efficiency of the prefectures over the last three decades. Moreover, we determine where the resources are distributed in an efficient way and /or have been used efficiently by...
Persistent link: https://www.econbiz.de/10005836539